Title 42, Title 42 Affairs and Government

Consistent with the provisions of this chapter, any company whose state-based operations are within the boundaries of a federal enterprise zone or enterprise community shall be deemed eligible to qualify for the benefits afforded by this chapter; provided, however, that the benef…

If the provisions of this chapter or the application of this chapter to any person or circumstances is held invalid, the invalidity shall not affect other provisions or applications of the chapter, which can be given effect without the invalid provision or application, and to thi…

The general assembly finds and declares: (1) That there are certain distressed areas in this state which are characterized by substantial and persistent levels of unemployment; blighted areas; obsolete, dilapidated, and abandoned industrial and commercial structures; and, as a co…

As used in this chapter, the following words and terms shall have the following meanings unless the context shall indicate another or different meaning or intent: (1) “Council” or “enterprise zone council” means the governmental agency created pursuant to § 42-64.3-3.1. (2) “Effe…

(a) There is created within the Rhode Island commerce corporation the “enterprise zone council,” which shall consist of five (5) members to be appointed by the governor; one member shall be the chief executive officer of the Rhode Island commerce corporation; one member shall rep…

(a) The council may designate qualified United States Bureau of the Census divisions or delineations as enterprise zones upon receiving notice from the appropriate governing authority that the governing authority agrees to: (1) Devise and implement a program of police protection …

(a) The zone shall consist of not more than five (5) contiguous United States census tracts or portions thereof as set forth in the most recent federal census, except that the council may add Block 101 of Census Tract 135 in the City of Cranston to any enterprise zone abutting th…

To the maximum extent possible, the directors of the departments of administration, business regulation, labor and training, environmental management, workforce 2000, human services, transportation, and the Rhode Island housing and mortgage finance corporation will provide specia…

A qualified business in an enterprise zone is allowed a credit against the tax imposed pursuant to chapters 11, 13 (except the taxation of tangible personal property under § 44-13-13), 14, 17, and 30 of title 44: (1) A credit equal to fifty percent (50%) of the total amount of wa…

(a) The council shall not certify any applicant as a qualified business under § 42-64.3-3(6) until it has first prepared and publicly released an analysis of the impact the proposed investment will or may have on the state. The analysis shall be supported by appropriate data and …

(a) In computing his or her annual tax liability pursuant to the provisions of chapter 11 or 30 of title 44, a domiciliary of an enterprise zone who owns and operates a qualified business facility in that zone and which business is not required to file under chapter 11, 13, 14, o…

The Rhode Island economic development corporation shall promote the existence of the zone(s) and the tax incentives contained in this chapter.

Notwithstanding the provisions of chapters 3 — 9 of title 44, real and tangible property taxes in enterprise zones for qualified businesses may be exempted or stabilized upon authorization of the city or town council. Nothing in this section shall be deemed to permit the exemptio…

Notwithstanding the provisions of § 44-3-9, the West Warwick Town Council may stabilize real and tangible property taxes in connection with the development and construction of a hotel/waterpark to be located in the West Warwick Business Park for a period not to exceed twenty-five…